Brief: Damstra Holdings Enters Into Scheme Implementation Deed With Ideagen
29/01/2024 01:44
Jan 29 (Reuters) - Damstra Holdings Ltd DTC.AX :
* DAMSTRA ENTERS INTO SCHEME IMPLEMENTATION DEED WITH
IDEAGEN
* DAMSTRA SHAREHOLDERS WILL RECEIVE A$0.24 CASH PER SHARE
* BOARD UNANIMOUSLY RECOMMENDS DAMSTRA SHAREHOLDERS VOTE IN
FAVOUR
OF SCHEME IN ABSENCE OF SUPERIOR PROPOSAL
* SCHEME REPRESENTS AN EQUITY VALUE (ON A FULLY DILUTED
BASIS) OF
A$69.1 MILLION
* DIRECTORS, WHO IN AGGREGATE HOLD 19.7% OF CO'S SHARES
INTEND TO
VOTE IN FAVOUR OF SCHEME
Source text for Eikon: ID:nASX9MsBsH
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